Orascom Investment (Egypt) Market Value
| OIH Stock | 0.54 0.03 5.88% |
| Symbol | Orascom |
Orascom Investment 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Orascom Investment's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Orascom Investment.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Orascom Investment on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Orascom Investment Holding or generate 0.0% return on investment in Orascom Investment over 180 days.
Orascom Investment Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Orascom Investment's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Orascom Investment Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.67 | |||
| Information Ratio | 0.1325 | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 5.88 |
Orascom Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orascom Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orascom Investment's standard deviation. In reality, there are many statistical measures that can use Orascom Investment historical prices to predict the future Orascom Investment's volatility.| Risk Adjusted Performance | 0.1307 | |||
| Jensen Alpha | 0.396 | |||
| Total Risk Alpha | 0.112 | |||
| Sortino Ratio | 0.132 | |||
| Treynor Ratio | 0.8643 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orascom Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Orascom Investment Backtested Returns
Orascom Investment appears to be extremely dangerous, given 3 months investment horizon. Orascom Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.19, which implies the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Orascom Investment's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please evaluate Orascom Investment's Risk Adjusted Performance of 0.1307, semi deviation of 1.33, and Coefficient Of Variation of 587.48 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Orascom Investment holds a performance score of 15. The company holds a Beta of 0.51, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orascom Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orascom Investment is expected to be smaller as well. Please check Orascom Investment's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Orascom Investment's historical price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Orascom Investment Holding has insignificant reverse predictability. Overlapping area represents the amount of predictability between Orascom Investment time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Orascom Investment price movement. The serial correlation of -0.2 indicates that over 20.0% of current Orascom Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orascom Investment lagged returns against current returns
Autocorrelation, which is Orascom Investment stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Orascom Investment's stock expected returns. We can calculate the autocorrelation of Orascom Investment returns to help us make a trade decision. For example, suppose you find that Orascom Investment has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Orascom Investment regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Orascom Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orascom Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orascom Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Orascom Investment Lagged Returns
When evaluating Orascom Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orascom Investment stock have on its future price. Orascom Investment autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Orascom Investment autocorrelation shows the relationship between Orascom Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Orascom Investment Holding.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Orascom Stock Analysis
When running Orascom Investment's price analysis, check to measure Orascom Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orascom Investment is operating at the current time. Most of Orascom Investment's value examination focuses on studying past and present price action to predict the probability of Orascom Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orascom Investment's price. Additionally, you may evaluate how the addition of Orascom Investment to your portfolios can decrease your overall portfolio volatility.